In a story this morning in the Ann Arbor News, they are discussing A2 City Council killing a hotel plan on the old YMCA site. What intrigued YCD was this paragraph near the end of the story:
The city bought the Y property for $3.5 million in 2003 when it trumped the Ann Arbor Transportation Authority, fearing the bus company would not keep the 100 units of the city's lowest income housing at the old YMCA building.
Why would AATA be looking to buy the old YMCA site? Are they looking for a new HQ? A new bus drop off pick up hub?
Strange
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As part of the development AATA wanted to create a new transfer center. It seemed like a match made in heaven to me and I don't really understand why the city trumped it. Preserving affordable housing is nice but at what cost. Now the city is going to pay up to a million for the demolition and are trying to flip the bill to the DDA!
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